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Dec 6, 2012
12/12
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a combination of allowing the rates on high earners to go back up to what they were under president clinton, and reducing the value of tax deductions and other tax benefits that they get. before i get to how much can be raised by the second, let me just say the president is very, very supportive of curbing tax deductions for high-income households. it's been a part of his plan from his very first budget. in fact, he was and remains the only major leaguer in washington that has put forward a specific, explicit plan that would limit those tax benefits for high- income households that's been examined by the joint committee on taxation, which is the official referee for these issues in congress. that plan, though, doesn't raise the revenue that you need. so out of the president's $1.6 trillion, $950 billion comes from decoupling. decoupling is the high-income rates going away, the middle- class tax cuts becoming permanent. that gets you $950 billion of revenue. the question is could you plausibly replace that revenue just by limiting tax expenditures. there have been lots of different ideas out
a combination of allowing the rates on high earners to go back up to what they were under president clinton, and reducing the value of tax deductions and other tax benefits that they get. before i get to how much can be raised by the second, let me just say the president is very, very supportive of curbing tax deductions for high-income households. it's been a part of his plan from his very first budget. in fact, he was and remains the only major leaguer in washington that has put forward a...
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secretary of state clinton talking tough as violence rages. what is the preside thinking? is obama ready to else aside? details ahead. fiscal close fights, competing proposals. no formal talks said. since when did leaders talk about talking but not sit down at the center wil. what is wrong with obama and banner? did they really think this is a good -- a game? you know, from our 4,000 levision commercials. yep, there i am with flo. hoo-hoo! watch it! [chuckles] anyhoo, 3 million pele switched to me last year, saving an average of $475. yeah, i'm ki of a big deal. [sigh] it feels good to help people save... with great discounts like safe driver, multicar, and multipolicy. 731, 732... you want mnumber, don't you? call-800-progressive right now. or visit progressive.com for an extra $50 online savings. thirsty? 'cause i got a six-pack rightere. oh, yeah... [voice shaking] you don't even have to wait for your policy to expire to switch. oh, svetlana, that's so good! and, with every policy, you get great service. a-down the hizz-atch. [slurp!] so call me today. you'll be glad yo
secretary of state clinton talking tough as violence rages. what is the preside thinking? is obama ready to else aside? details ahead. fiscal close fights, competing proposals. no formal talks said. since when did leaders talk about talking but not sit down at the center wil. what is wrong with obama and banner? did they really think this is a good -- a game? you know, from our 4,000 levision commercials. yep, there i am with flo. hoo-hoo! watch it! [chuckles] anyhoo, 3 million pele switched to...
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secretary of state clinton talking tough as violence rages. what is the president thinking? is obama ready to else aside? details ahead. fiscal close fights, competing proposals. no formal talks said. since when did leaders talk about talking but not sit down at the center will. what is wrong with obama and banner? did they really think this is a good -- a game? ♪ ♪ [ male announcer ] it started long o. the joy of giving something everything you've got. it takes passion. and it's not letting up ytime soon. if you're eligible for medicare, you might know it only coversbout 80% of your part b medical expenses. the rest is up to you. call now and find out about an aarp medicare supplement insurance plan, insured by unitedhealthcare insurance company. like all standardized medica supplement plans, they help pay some of the difference. and could save you in out-of-pocket medical costs. you'll be able to visit any doctor or hospital that accepts medare patients. plus, there are no networks, and you never need a referral to see a specialist. so don't wait. call now to reques a
secretary of state clinton talking tough as violence rages. what is the president thinking? is obama ready to else aside? details ahead. fiscal close fights, competing proposals. no formal talks said. since when did leaders talk about talking but not sit down at the center will. what is wrong with obama and banner? did they really think this is a good -- a game? ♪ ♪ [ male announcer ] it started long o. the joy of giving something everything you've got. it takes passion. and it's not...
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Dec 10, 2012
12/12
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FOXNEWSW
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if the bush tax cuts lapse it goes to 39.6%, the rate under bill clinton. some say go to 37%. >> that's the deal that obama says he would come down to, 37. the republicans say raise medicare eligibility. the left is completing freaking out over raising medicare eligibility and the right is freaking out about the tax rates. so they have to decide. the administration is clear that the tax rates have to go up. obama has given in on this before and so there's pressure on him. there's a lot of pressure on house democrats so i think if they can come to some sort of agreement on the rate and if republicans are willing to push the other stuff to next year, that's a deal. i mean -- >> but i think what argues against a big deal that includes any sort of cuts for instance up front on the entitlement side is republicans, if tax -- tax rates are going up either way either because you're going over a cliff or because the president will force you into a deal. they don't want to take responsibility for the economic fallout that comes. so if they agree to a big deal that in
if the bush tax cuts lapse it goes to 39.6%, the rate under bill clinton. some say go to 37%. >> that's the deal that obama says he would come down to, 37. the republicans say raise medicare eligibility. the left is completing freaking out over raising medicare eligibility and the right is freaking out about the tax rates. so they have to decide. the administration is clear that the tax rates have to go up. obama has given in on this before and so there's pressure on him. there's a lot of...
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Dec 7, 2012
12/12
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CURRENT
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president clinton did raise the marginal tax rates for the top bracket. well the heritage foundation, the leading conservative think tank predicted doom and gloom along with those republicans you just saw saying it would create higher deficits. they were a recipe for recession. it would "destroy jobs" and undermine america's international competitiveness. obviously since republicans are geniuses, that's what happened, right? wrong again. here's what happened in reality. we created 22.7 million jobs, 21% increase in wages. and by the way, they were a million% wrong on the deficit. it balanced the budget. not only balanced the budget, it gave us a $236 billion surplus. how do you like that for results? and that's what happened the last time we raised taxes on the upper bracket. so when they tell you the same old lies this time around, there is absolutely no reason to believe it. in fact, there is overwhelming evidence against it. so undeterred, they of course go on none the less. if you're not convinced, let me give you more evidence. look at this chart tha
president clinton did raise the marginal tax rates for the top bracket. well the heritage foundation, the leading conservative think tank predicted doom and gloom along with those republicans you just saw saying it would create higher deficits. they were a recipe for recession. it would "destroy jobs" and undermine america's international competitiveness. obviously since republicans are geniuses, that's what happened, right? wrong again. here's what happened in reality. we created...
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Dec 9, 2012
12/12
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clinton looks worn down. that's it for america's new headquarters in washington. good-bye to our intern cally stewart, it's her last day. congrats and good luck. we'll miss you, happy hanukkah to those who have begun celebrating the festival of lights. >> chris: i'm chris wallace, two big issues today. the fiscal cliff talk stuck in neutral and concerns syria will use chemical weapons against it's own people. with 23 days and more posturing, will the white house cut a deal. we'll talk two senators on the front lines of the debate. democrat charles schumer and republican bob corker. then the u.s. draws a red line telling syrian president assad not to use chemical weapons in that country's civil war. we'll discuss the latest intelligence and fallout with michael oren. a fox news sunday exclusive. plus the supreme court agrees to take up same-sex marriage. we'll ask our sunday panel if the court is likely do decide whether gays have a constitutional right to marry and a final farewell to my best friend winston, all right now on "fox news sunday." hello again from fox
clinton looks worn down. that's it for america's new headquarters in washington. good-bye to our intern cally stewart, it's her last day. congrats and good luck. we'll miss you, happy hanukkah to those who have begun celebrating the festival of lights. >> chris: i'm chris wallace, two big issues today. the fiscal cliff talk stuck in neutral and concerns syria will use chemical weapons against it's own people. with 23 days and more posturing, will the white house cut a deal. we'll talk two...
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Dec 4, 2012
12/12
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>> actually, california voted for clinton before pete wilson got involved in the debate over whether illegal immigrants ought to have welfare benefits. democrat is a democratic state because it's state of immigrants for the reasons that charles mentioned. what is missing is not all immigrants are the same. many latin american countries send us immigrants that go on welfare. but does the united states need new numbers of the low skilled immigrants in a post industrial economy? is that good for the united states? it's mindless to say all immigrants are good. they are not. some are, some aren't. like all days are good. some days are good, some days aren't. we need and the republican party ought to be courageous enough to draw a distinction between people who add to the sum total of the american economy, buy in the culture, who improve the country and those who don't. there is a difference. >> bret: where is the screen? >> well, the screen begins with a conversation about outcomes. why is it that immigrants with certain countries have not thrived and immigrants from other countries have
>> actually, california voted for clinton before pete wilson got involved in the debate over whether illegal immigrants ought to have welfare benefits. democrat is a democratic state because it's state of immigrants for the reasons that charles mentioned. what is missing is not all immigrants are the same. many latin american countries send us immigrants that go on welfare. but does the united states need new numbers of the low skilled immigrants in a post industrial economy? is that good...
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Dec 10, 2012
12/12
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we have chris lahane who worked for the clintons and got to be good or at least really experienced. anncr: some politicians seem to think medicare and... social security are just numbers in a budget. well, we worked hard for those benefits. we earned them. and if washington tries to cram decisions about the future... of these programs into a last minute budget deal... we'll all pay the price. aarp is fighting to protect seniors with responsible... solutions that strengthen medicare and... social security for generations to come. we can do better than a last minute deal... that would hurt all of us. >>> oh. >> oh no. >> rod? >> you sent this e-mail reply all. you hit reply all. >> no! aah! aah! ugh. aah! give me -- aah! >> you know i was wrong. you just sent this e-mail to me. could you imagine? >> kornacki does that like every day. we have had that e-mail nightmare thinking did i just hit reply all and should i send an e-mail out i'm moving to bora bora? a corporation dealing with disaster and politician caught with the wrong person, how do you deal with it and save your reputation?
we have chris lahane who worked for the clintons and got to be good or at least really experienced. anncr: some politicians seem to think medicare and... social security are just numbers in a budget. well, we worked hard for those benefits. we earned them. and if washington tries to cram decisions about the future... of these programs into a last minute budget deal... we'll all pay the price. aarp is fighting to protect seniors with responsible... solutions that strengthen medicare and......
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Dec 10, 2012
12/12
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MSNBC
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we have chris lahane who worked for the clintons and got to be good or at least really experienced. anncr: some politicians seem to think medicare and... social security are just numbers in a budget. well, we worked hard for those benefits. we earned them. and if washington tries to cram decisions about the future... of these programs into a last minute budget deal... we'll all pay the price. aarp is fighting to protect seniors with responsible... solutions that strengthen medicare and... social security for generations to come. we can do better than a last minute deal... that would hurt all of us. tdd#: 1-800-345-2550 after that, it's on to germany. tdd#: 1-800-345-2550 then tonight, i'm trading 9500 miles away in japan. tdd#: 1-800-345-2550 with the new global account from schwab, tdd#: 1-800-345-2550 i hunt down opportunities around the world tdd#: 1-800-345-2550 as if i'm right there. tdd#: 1-800-345-2550 and i'm in total control because i can trade tdd#: 1-800-345-2550 directly online in 12 markets in their local currencies. tdd#: 1-800-345-2550 i use their global research to g
we have chris lahane who worked for the clintons and got to be good or at least really experienced. anncr: some politicians seem to think medicare and... social security are just numbers in a budget. well, we worked hard for those benefits. we earned them. and if washington tries to cram decisions about the future... of these programs into a last minute budget deal... we'll all pay the price. aarp is fighting to protect seniors with responsible... solutions that strengthen medicare and......
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Dec 2, 2012
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consider the confirmation of ambassador susan rice if the president were to nominate ambassador rice to clinton as secretary of state. but senator johnny isaacson of georgia said he would not confirm her. why? >> i don't think she is confirmable right now because of the lack of information we have on the entire benghazi issue, from the administration. susan rice is the tip of the sphere. the administration has put her there. there are unanswered questions why we didn't have security for christy veins, why we couldn't get security there why it took so long to admit it was terrorist attack. so the president has putter in a difficult position, floating her name as secretary of state but not nominating her and having her come to thisol and do interviews with unanswered questions. it's unfair. >> are you making her the scapegoat, senator? >> no. we're trying to get the answers. every single member, even senator graham and senator mccain came back and said they're willing to listen to her. they have had a difficult meeting this week. susan collins still has questions. i have questions, and i'm sure t
consider the confirmation of ambassador susan rice if the president were to nominate ambassador rice to clinton as secretary of state. but senator johnny isaacson of georgia said he would not confirm her. why? >> i don't think she is confirmable right now because of the lack of information we have on the entire benghazi issue, from the administration. susan rice is the tip of the sphere. the administration has put her there. there are unanswered questions why we didn't have security for...
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Dec 3, 2012
12/12
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and first the nomination is hillary clinton's if she wants it, now, she's going to take a year or two deciding, but my best guess is given she ran in '08 and came so close and certainly wanted to be president, that she will in fact do it and if she does, i believe she'll get the democratic nomination and be a formidable candidate. >> what about on the other side, if you're a republican thinking about running? who, does anyone stand out in your mind at this point out of the pack, the sort of issue suspects, we could talk about a few of them. there's rubio and there's others, and chris christie might be one although some people might disagree with that. >> and jeb bush, in fact, there's a very deep bench, i think, on the republican side. there's a lot of people who will be possible, and who will want to come forward. it might be-- it's possible 2016 will turn into quite a fracus on the republican side and a stately walking towards the coronation on the democratic side. i mean, i say that within the context of knowing that four years of history can turn any number of things on their head
and first the nomination is hillary clinton's if she wants it, now, she's going to take a year or two deciding, but my best guess is given she ran in '08 and came so close and certainly wanted to be president, that she will in fact do it and if she does, i believe she'll get the democratic nomination and be a formidable candidate. >> what about on the other side, if you're a republican thinking about running? who, does anyone stand out in your mind at this point out of the pack, the sort...
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Dec 9, 2012
12/12
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would you accept returning to the clinton rate of 39.6%? or, would you accept something, perhaps, a mid point, 37% or starting with people who make $500,000, rather than 250? >> well, chris, there is a growing group of folks, that are looking at this and realizing that we don't have a lot of cards as it relates to the tax issue before year end. i mean, we have one house, that is it. the presidency and the senate, is in the democrats' hands, and a lot of people are putting forth a theory and i actually think it has merit where you go ahead and give the president the 2% increase, that he is talking about, rate increase on the top 2% and all of a sudden the shift goes back to entitlements, and all of a sudden once you give him the right on the top 2%, it is actually much lesser tax increase than what he has been talking about, the focus then shifts to entitlements and maybe it puts us in a place where we actually can do something that really saves the nation, so, there is a growing body, i actually am beginning to believe that is the best rout
would you accept returning to the clinton rate of 39.6%? or, would you accept something, perhaps, a mid point, 37% or starting with people who make $500,000, rather than 250? >> well, chris, there is a growing group of folks, that are looking at this and realizing that we don't have a lot of cards as it relates to the tax issue before year end. i mean, we have one house, that is it. the presidency and the senate, is in the democrats' hands, and a lot of people are putting forth a theory...
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Dec 5, 2012
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karen, you worked with secretary of state clinton before. and she has been certainly trying to push the ball forward on this. when we talk about the balance between domestic priorities and international priorities, the sort of the party line is, look in a time of economic calamity, americans are focused on what's happening at home and not on the global stage. that complicates our efforts to intervene abroad. >> hillary has been outspoken and well spoken about why it matters to us at home, in part because of our moral leadership in the world. that's part of what was tragic about the vote that happened yesterday in the senate with the u.n. treaty on people with disabilities. america has this opportunity to lead, we hear the republicans talking about why aren't we leading more and more with our moral leadership, by saying human rights are important and you have someone like secretary clinton out there talking about it, talking about rights of women and girls everywhere she goes in a way we've never seen or heard before, so i think there's a lot
karen, you worked with secretary of state clinton before. and she has been certainly trying to push the ball forward on this. when we talk about the balance between domestic priorities and international priorities, the sort of the party line is, look in a time of economic calamity, americans are focused on what's happening at home and not on the global stage. that complicates our efforts to intervene abroad. >> hillary has been outspoken and well spoken about why it matters to us at home,...
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Dec 4, 2012
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we need to go back to the clinton era rates for the most well off americans. it's not going to kill us. freedom of tyranny is not the 35 we pay now and the 39 that the rich will pay as we did when america was a communist paradise. it's just silly now. you've got to be for a tax rate increase or we will go over this fiscal cliff. >> no, you don't. you could raise from a carbon tax of $20 a ton, which will deal with, we are having the biggest record carbon levels. you could raise -- at 4% a year over the next ten year, twice as much as you could from allowing the bush tax rates to lapse. why the income tax system is overburdened in the united states. we use it too much. we should be looking at other taxes. we can't do it in 29 days. why are we doing it in 29 days? >> but the president ran on raises taxes, right? if you look at the polls. 60% of people support raising taxes on people who make over $250,000 a year. how much of a problem is it, david, if the republicans you know, tom coburn said he does not want to raise that tax number. >> the president ran on his
we need to go back to the clinton era rates for the most well off americans. it's not going to kill us. freedom of tyranny is not the 35 we pay now and the 39 that the rich will pay as we did when america was a communist paradise. it's just silly now. you've got to be for a tax rate increase or we will go over this fiscal cliff. >> no, you don't. you could raise from a carbon tax of $20 a ton, which will deal with, we are having the biggest record carbon levels. you could raise -- at 4% a...
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Dec 5, 2012
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, chris cizilla indicates strong support for hillary clinton. she has really i guess she's the most popular figure in american politics. >> she is at her highest popularity rating that we have ever in "the washington post"/abc poll measured her and almost six in ten, 57% of americans, this isn't democrats, this is the american public broadly, want her to run for president in 2016. now, i would say, if she becomes a candidate, i think -- inevitably she'll be seen much more in that partisan atmosphere, some of her stratospheric numbers will drop down. i would say she has been skeptical very skeptical of running. if you look at these numbers if you have any interest of being the president of the united states this may be a hard race to say no to. >> i think the rest of the political world knows what is likely to happen. chris cizilla, thank you very much. susan page, always great to see you. >> coming up the fiscal fight continuing. he split with his party on taxes. what is republican tomb cole saying now? first as john boehner look lights the capi
, chris cizilla indicates strong support for hillary clinton. she has really i guess she's the most popular figure in american politics. >> she is at her highest popularity rating that we have ever in "the washington post"/abc poll measured her and almost six in ten, 57% of americans, this isn't democrats, this is the american public broadly, want her to run for president in 2016. now, i would say, if she becomes a candidate, i think -- inevitably she'll be seen much more in...
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Dec 8, 2012
12/12
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plus bill clinton looks as if he is about 12 years old. >> ifill: plus bill clinton later went on to defeat george h.w. bush and their famous relationship came around, now they refer to each other as father and son. >> now they are very friendly. but at the time of this image george h.w. bush was vice president, gave a picnic for american governors. clinton was a governor, george wallace was too and by then wallace recanted and apologized for a lot of his segregationist positions. >> ifill: this is maine, kennebunkport. >> and wallace is drink mountain dew. >> ifill: another thing we are looking at. there is a blond woman next to george wallace. >> 1983 with his third wife, this was lisa during the '68 wallace campaign. there were two singers, one was mona, one was lisa so he finally married her. >> ifill: and the famous wife we knew about was by that time dead. >> indeed. she had succeed wallace as governor, a one term limit or four year limb south that wallace could continue to try to pull the stringsment and she died in the middle of her term. >> ifill: fascinating. as you look ba
plus bill clinton looks as if he is about 12 years old. >> ifill: plus bill clinton later went on to defeat george h.w. bush and their famous relationship came around, now they refer to each other as father and son. >> now they are very friendly. but at the time of this image george h.w. bush was vice president, gave a picnic for american governors. clinton was a governor, george wallace was too and by then wallace recanted and apologized for a lot of his segregationist positions....
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Dec 4, 2012
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CNBC
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in fact from kennedy to reagan to clinton to w. bush lower tax rates frequently increased tax revenues, particularly at the upper end of the income stream. so here now to discuss this we have cnbc contributor keith boykin a former clinton white house aide and forbes media chairman steve forbes author of freedom manifesto, why free markets are moral and big government is not. love that. hey steve and keith. keith boykin i'll give you a little supply side. you'll hate this. this couples from the irs. the irs is going to use the bush cut, the dreaded bush tax cuts. the richest 1% paid $84 billion inflation adjusted dollars more between 2000 and 2007. that's a rise of 23%. in other words, their tax rates went down. and their tax revenues went up. now, isn't mr. obama making a mistake? >> well, the rich are paying more in taxes because the rich are disproportionately receiving most of the income in this country. the reality, larry, is that in my lifetime we've actually only raised income tax rates three times. once in 1969 to pay for th
in fact from kennedy to reagan to clinton to w. bush lower tax rates frequently increased tax revenues, particularly at the upper end of the income stream. so here now to discuss this we have cnbc contributor keith boykin a former clinton white house aide and forbes media chairman steve forbes author of freedom manifesto, why free markets are moral and big government is not. love that. hey steve and keith. keith boykin i'll give you a little supply side. you'll hate this. this couples from the...
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Dec 5, 2012
12/12
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CSPAN
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we had higher tax rates under clinton and then lower tax rates under bush. these are policies we have passed in this country that have led to this. it has primarily been under republican leadership. if it does not mean democrats don't have some responsibility. host: peter welch is our guest until the top of the hour. the democrat from vermont, the chief deputy whip for the house leadership on the democratic side. we're talking about the so called "fiscal cliff" and our cameras have been covering all the events here in washington as both sides tried to negotiate their argument with. if you go to our web site, c- span.org, we have a special web pages at a side on the fiscal cliff and you can also send in your tweets. we will go to payton next in london, kentucky, a democrat. caller: thank you. i am one of the original baby boomers. i live in one of the poorest areas in the country, which is also heavily republican area of the country. i have always felt [indiscernible]. host: we are losing you. caller: this constant living curtailment from the republicans is a
we had higher tax rates under clinton and then lower tax rates under bush. these are policies we have passed in this country that have led to this. it has primarily been under republican leadership. if it does not mean democrats don't have some responsibility. host: peter welch is our guest until the top of the hour. the democrat from vermont, the chief deputy whip for the house leadership on the democratic side. we're talking about the so called "fiscal cliff" and our cameras have...
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Dec 6, 2012
12/12
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CURRENT
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we had higher tax rates under clinton, and we created 40 million jobs and had a surplus. then the bush folks came in put the war on the credit card prescription drugs on the credit card, and lowered taxes at the high end, and we had only 700,000 jobs, and had astonishing deficits since then. >> stephanie: the same l.a. times piece even makes that case with the war in afghanistan winding down, the military is asking for less than congress wants to give. so i think there has been so much hysteria over this fiscal cliff that i'm not sure it's warranted. >> that's exactly right. and also the ryan budget you know, their doctrine -- and it really is doctrining. lower taxes for the wealthy, and that will trickle down. untrue. number 2 increase spending in the pentagon way beyond what the pentagon wants and that will make us three. and that cut back on things like education and scientific research and somehow we'll have a stronger future. none of those things make any sense. at the core of the ryan approach, and he is representative of the dominant republican point of view now, i
we had higher tax rates under clinton, and we created 40 million jobs and had a surplus. then the bush folks came in put the war on the credit card prescription drugs on the credit card, and lowered taxes at the high end, and we had only 700,000 jobs, and had astonishing deficits since then. >> stephanie: the same l.a. times piece even makes that case with the war in afghanistan winding down, the military is asking for less than congress wants to give. so i think there has been so much...
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it's only after that that the taxes go back to clinton era. and because this is a different time and place, i support giving a tax break, continuing it for 98%, but asking the wealthiest to pay their fair share for the greatest country on the face of this earth. my father was born into dire poverty. he was the only one of nine children born in america. he was the only one of nine children to go to college at night in your great state, madam president. city college. at night. while he supported a family by day. he became a c.p.a., and after he got his bachelor's, he went at night to a place called brooklyn law school, where he got his law degree in five years. i was about ten. this is america. he was able to do that. and when he was a c.p.a., he would oversee everybody's taxes in the family. and i was a kid, and i got my first job working for a long time. i was a telephone operator for hilton hotels one summer. i'll never forget it. i was not good at it. i kept putting the -- those wires into the wrong places. but i managed to get through. and
it's only after that that the taxes go back to clinton era. and because this is a different time and place, i support giving a tax break, continuing it for 98%, but asking the wealthiest to pay their fair share for the greatest country on the face of this earth. my father was born into dire poverty. he was the only one of nine children born in america. he was the only one of nine children to go to college at night in your great state, madam president. city college. at night. while he supported...
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Dec 7, 2012
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bush and clinton administrations. both of you went to the same university. i'm sure you can agree on everything today. dr. zandi first. >> thank you for the opportunity. it is an honor to be here with kevin, a good friend of mine. let me say that these are my own personal views. they don't represent the views of the moody's corporation. lawmakers have to resolve three issues -- first, the fiscal cliff. second, raising the treasury debt ceiling, which as you know is becoming an issue rarely soon. -- an issue fairly soon. third, achieving long-term fiscal sustainability. that is deficit reduction and tax increases and spending cuts that allow the gdp ratio to stabilize by the end of the decade. these three things need to be done now. in terms of the fiscal cliff, if policy is unchanged and we go over the cliff and there is still no change after that, the gdp in 2013 will 3.5 percentage points. subtract that and that is a severe recession. cbo and others are probably us are underestimating how severe that will be because confidence is very weak. it is unclear h
bush and clinton administrations. both of you went to the same university. i'm sure you can agree on everything today. dr. zandi first. >> thank you for the opportunity. it is an honor to be here with kevin, a good friend of mine. let me say that these are my own personal views. they don't represent the views of the moody's corporation. lawmakers have to resolve three issues -- first, the fiscal cliff. second, raising the treasury debt ceiling, which as you know is becoming an issue...
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this offer more bipartisan credibility, speaker boehner said the plan is based on a proposal by former clinton chief of staff erskine bowles. bowles said he was flattered by the use of his name but satsz the proposal, quote -- so far, this greek fiscal drama has yet failed to return. the larger question for america, the play ends in tragedy on december 31st. joining me now from washington, is the president for -- president of americans for tax reform, conservative counter broker and the man who does not believe in unicorns, pink or otherwise, mr. grover norquist. grover, what a day to have you on the show. thanks for joining us. >> absolutely. of course, you know, north korea and -- media announced they did find unicorns in north korea. >> we don't often take our cues from them. i am one that firmly believes in the existence of unicorns somewhere and hopefully maybe in this fiscal cliff deal. grover, the first question i have for you is this, your pledge, the pledge that many republicans have signed on to, opposes any and all efforts to increase marginal income tax rates and opposes any net re
this offer more bipartisan credibility, speaker boehner said the plan is based on a proposal by former clinton chief of staff erskine bowles. bowles said he was flattered by the use of his name but satsz the proposal, quote -- so far, this greek fiscal drama has yet failed to return. the larger question for america, the play ends in tragedy on december 31st. joining me now from washington, is the president for -- president of americans for tax reform, conservative counter broker and the man who...
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. >> shepard: sheriffs clinton was at that meeting in brussels. she aimed her words about the syria crisis at another country. >> yes. the secretary directed her comments to russia. she emphasized that the stain legs of these patriot systems in turkey is not meant to destabilize nato's already uneasy relationship with moscow. back here at state chided the russians for skipping upcoming crisis meeting on the syrian conflict. >> we want to see obviously, you know, russia come around to the point of view of the international community with regard to what's happening in syria. you know, we want to work with russia as we have said many times from this podium on the basis of the geneva action group's communication. >> clinton is expected to meet with her russian counterpart sometime in the next 48 hours, shep. >> shepard: meantime syrian rebels are taking their fight to the capital of damascus. move aimed at putting additional pressure of regime and hitting the heart of president assad's power. that strategy is coming at a bloody cost. witnesses say a m
. >> shepard: sheriffs clinton was at that meeting in brussels. she aimed her words about the syria crisis at another country. >> yes. the secretary directed her comments to russia. she emphasized that the stain legs of these patriot systems in turkey is not meant to destabilize nato's already uneasy relationship with moscow. back here at state chided the russians for skipping upcoming crisis meeting on the syrian conflict. >> we want to see obviously, you know, russia come...
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however, i think if we fall to the clinton era tax rates, i'm okay with that. i think that e we ought to have some wiggle room on the tax rates because i think the country wants us to compromise. so there's compromise space there, but make no mistake, we're not going to compromise away the upper end tax rates. that's on the table. it will stay on the table. that's what the american people are asking for. >> congressman, great to have you with us tonight on "the ed show." appreciate your time. remember to answer tonight's question. share your thoughts on twitter and on facebook. we always encourage you and want to know what you think. >>> coming up, mitch mcconnell filibusters his own bill in the senate. bernie sanders joins us to talk about what that means for the future. >>> and fiscal cliff talks. stay with us. you're watching "the ed show" on >>> unemployment hits a four had-year low, but republican obstruction is keeping the country from creates more jobs. we'll bring you the latest numbers and i'll ask david cay johnston why now is the time to focus on job
however, i think if we fall to the clinton era tax rates, i'm okay with that. i think that e we ought to have some wiggle room on the tax rates because i think the country wants us to compromise. so there's compromise space there, but make no mistake, we're not going to compromise away the upper end tax rates. that's on the table. it will stay on the table. that's what the american people are asking for. >> congressman, great to have you with us tonight on "the ed show."...
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this is something that former president clinton said during the campaign. it's arithmetic. given the choice between the millionaires and billionaires and the middle class, the republicans again sided with the wealthy of this country. their plan doesn't just keep rates low for the richest 2%, it actually lowers them further. the democrats' plan would protect 98% of families and 97% of small businesses from painful tax increases by asking the top 2% to pay a little bit more. the republicans' plan, on the other hand, is more of the same. not only does 2 balance the budget on the backs of the middle class, it voids our promise to seniors with steep cuts to social security and medicare, all to pay for even more handouts to the rich. at least we now know where they stand. republicans have sought to cover by invok invoking erskine bowle' name. he has disavowed their plan. we're glad to see the republicans join in the negotiating process. while their proposal may be serious, it's also a nonstarter. they know any agreement that raises taxes on the middle class in order to protect mo
this is something that former president clinton said during the campaign. it's arithmetic. given the choice between the millionaires and billionaires and the middle class, the republicans again sided with the wealthy of this country. their plan doesn't just keep rates low for the richest 2%, it actually lowers them further. the democrats' plan would protect 98% of families and 97% of small businesses from painful tax increases by asking the top 2% to pay a little bit more. the republicans'...
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the clinton world is not sitting quietly, though. t "the new york times" kicked off what is likely to become a monthly exercise by somebody in the media. we may come up with a meter. probably throw in jeb in there, right? we should call it the hillary jebatron version 2016. probably jon stewart starting that up already. jodie cantor interviewed a number of clinton aides about future plans and strikingly a lot of them talked. while clinton has dozens of options when she leaves the state department, cantor makes a smart observation. she is a big constraint. the more serious she is about 2016 the less she can do. no frank, seen it all memoir, no clients, commissions that could prove problematic in the 2016 primaries or the general. instead cantor reports that secretary clinton is considering writing an upbeat look at her time as secretary of state. not a painful examination of her failed 2008 bid as she once proposed. likely to be quoted in a handful of clinton aides willing to go on the record with "the times" even when asked questions
the clinton world is not sitting quietly, though. t "the new york times" kicked off what is likely to become a monthly exercise by somebody in the media. we may come up with a meter. probably throw in jeb in there, right? we should call it the hillary jebatron version 2016. probably jon stewart starting that up already. jodie cantor interviewed a number of clinton aides about future plans and strikingly a lot of them talked. while clinton has dozens of options when she leaves the...
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bush or president bill clinton, or president george w. bush or president barack obama, the truth is, at the time they were elected president, we as a nation, overall, got the president we deserved at that time. now, one of the most impressive speeches i've ever heard was given by senator barack obama at the democratic convention, and i love the way he talked about america coming back as one america. not a red america or blue america but america. just one country. and it's one of the things that i drew great hope from on 9/12 delsh 2001 as people of the country -- on 9/12/2001 as people of the country gathered around, as we did in our east texas town, and we all held hands and we sang hymns and patriotic songs and you look -- i look around the circle and was deeply moved because i knew that day there were no hyphenated americans. there were just americans. and we were together. and everybody standing there in that square holding hands, we shared the love for our country. we wanted to see it strong. we wanted to see it recover from that dev
bush or president bill clinton, or president george w. bush or president barack obama, the truth is, at the time they were elected president, we as a nation, overall, got the president we deserved at that time. now, one of the most impressive speeches i've ever heard was given by senator barack obama at the democratic convention, and i love the way he talked about america coming back as one america. not a red america or blue america but america. just one country. and it's one of the things that...
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earlier today, secretary of state clinton publicly board bashar al-assad's regime. this comes after terrible violence of syria this weekend. this is video received on saturday. small towns being bombarded, sending innocent families and women and small children once again running for their lives. a short time ago, the united nations announced it is withdrawing all nonessential personnel from the country. as the possible threat of chemical warfare now looms. look at these families. look at this. along with an active chemical weapons program, syria has ballistic weapons program with deadly gas. they have vast amounts of nerve agents and finite, all decide to cause fetal death. this from the white house moments ago. >> is the opposition makes teaching expenses, the bashar escalationgime, we have been of weapons used against the syrian people. as the president has said, and hughes were proliferation by the syrian regime would cross a red line for the united states. megyn: joining me now is ambassador john bolton, a former ambassador to the united nations and the fox news
earlier today, secretary of state clinton publicly board bashar al-assad's regime. this comes after terrible violence of syria this weekend. this is video received on saturday. small towns being bombarded, sending innocent families and women and small children once again running for their lives. a short time ago, the united nations announced it is withdrawing all nonessential personnel from the country. as the possible threat of chemical warfare now looms. look at these families. look at this....
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you go back and look at bill clinton after the attacks on the u.s. embassies in africa on august 7th of 1998, it took a little more than two weeks for bill clinton to respond force knee by dropping bombs on the farm suit alplant in khartoum. i had other examples of rather quick, which isn't to say precipitous, rather quick responses in part to send aess message. it's very important for the families and everybody here in the united states to understand that justice has in fact been pursued and had and to send a message to the world, just as the president said, if you mess with the united states there are serious and potentially deadly consequences for doing so. bill: i just want to add this. about a month ago the deputy interior minister said the investigation was going well. about three weeks ago the ministry spokesman said the results would come soon. i put those in quotes because we are still waiting on that. steven hayes, thank you out of washington. martha: remember the homeless man whose picture went viral on the internet when a new york city po
you go back and look at bill clinton after the attacks on the u.s. embassies in africa on august 7th of 1998, it took a little more than two weeks for bill clinton to respond force knee by dropping bombs on the farm suit alplant in khartoum. i had other examples of rather quick, which isn't to say precipitous, rather quick responses in part to send aess message. it's very important for the families and everybody here in the united states to understand that justice has in fact been pursued and...
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secretary clinton you mentioned her, will that happen or not? >> she has said she will testify but only after the internal report investigation is done. i think she should testify immediately. but we have not heard her testimony yet and i think that's got to be a priority. when it comes to those witnesses, there were witnesses there. they were interviewed by the fbi. those interview reports have obviously not been made public, first of all, but also my last understanding is that the intelligence committee was still waiting to receive some of those reports. bill: why would they not share that with you? its that a risk. >> i think if they could be shared with me in a classified setting, i review information in the classified setting all the time and obviously have to protect that information. but most importantly last time the intelligence committee was still looking for that information. bill: so secretary clinton you believe will testify at some point? >> she absolutely has to testify. let's not forget in the mids t-frbgs thst of the election sh
secretary clinton you mentioned her, will that happen or not? >> she has said she will testify but only after the internal report investigation is done. i think she should testify immediately. but we have not heard her testimony yet and i think that's got to be a priority. when it comes to those witnesses, there were witnesses there. they were interviewed by the fbi. those interview reports have obviously not been made public, first of all, but also my last understanding is that the...
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every incumbent, clinton, reagan, bush, clinton had a record to run on, but they grilled him. >> let's go back to the meeting. you bring up some other things in this clip. [video clip] >> in 1960, we had 36% of black males incarcerated. i was rereading the report written for president johnson about the state of black americans in 1964. then i thought about today where we have 65% of blacks in prison. i look back at the report and i saw at the time, it said the biggest thing he saw affecting black americans was the breakdown of the black family. >> two issues. 65% of black americans are in prison today? >> it is quite an enormous amount. i think it is about 55%. i do not have the -- >> why? i have heard people say the reason is because of the laws that are written against the black folks, and the drugs, crack cocaine verses the powder. >> shelby steele, a great professor at stanford and a great published author, writes a lot about this. he comes to mind. this was written when the trayvon martin shooting happened. it is not the sentencing guidelines the reason why you have a disproportio
every incumbent, clinton, reagan, bush, clinton had a record to run on, but they grilled him. >> let's go back to the meeting. you bring up some other things in this clip. [video clip] >> in 1960, we had 36% of black males incarcerated. i was rereading the report written for president johnson about the state of black americans in 1964. then i thought about today where we have 65% of blacks in prison. i look back at the report and i saw at the time, it said the biggest thing he saw...
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i think michelle obama will take bill clinton. >> stephanie: i am so enjoying a bill clinton corkscrew. i do not have the hilary nutcracker yet. conservative actor steven bald win arrested for failing to file three year's of tax returns. [♪ "world news tonight" theme ♪] >> uh-huh. he is one of those fake christian guys. >> stephanie: he is accused of owing more than $350,000 to the state of new york. >> wow. maybe we can bad mouth bono some more. >> stephanie: everybody hold your jokes. [♪ "world news tonight" theme ♪] >> stephanie: john travolta collects hot chocolate. he collects various kinds of hot coco from around the world. he said it represents winter wonderland and christmas. he went on to explain how people should handle hot coco. he said never blow on it. never ever blow it changes the quality of the chocolate. >> that's the gayest thing i have ever heard. >> if you have a gay sex scandal with three different masseurs. don't have an album cover to handle your gay panic scandal, because he is wearing a hot toddy, and is wearing [ inaudible ]. >> stephanie: speaking of
i think michelle obama will take bill clinton. >> stephanie: i am so enjoying a bill clinton corkscrew. i do not have the hilary nutcracker yet. conservative actor steven bald win arrested for failing to file three year's of tax returns. [♪ "world news tonight" theme ♪] >> uh-huh. he is one of those fake christian guys. >> stephanie: he is accused of owing more than $350,000 to the state of new york. >> wow. maybe we can bad mouth bono some more. >>...
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he loves the bill clinton era, how about returning to bill clinton era spending in proportion? >> wouldn't that be nice? how about return to the bill clinton era on capital gains rates? it was bill clinton who pushed it down. now president obama is pushing it way up. yet it would be nice to return to the basis of bill clinton, but that's not what we're doing. we're taking a little bit more here, a little bit more there, a little bit more over there. all to pay for all of this wonderful spending that the president wants. >> steve: maybe in four years when hillary runs for president. you have got to figure that's going to happen. >> i wonder what's going to happen to the economy. it's weak now, you raise taxes a little bit more, what happens to the economy? >> steve: so many people have been forecasting that the president does raise rates, couple of years ago, he said during a recession, that's the worst time to jack up rates. now we're not technically in a recession, but we're in a very soft edge. >> watch out, steve, 'cause here it comes, a little bit more. >> steve: thank you
he loves the bill clinton era, how about returning to bill clinton era spending in proportion? >> wouldn't that be nice? how about return to the bill clinton era on capital gains rates? it was bill clinton who pushed it down. now president obama is pushing it way up. yet it would be nice to return to the basis of bill clinton, but that's not what we're doing. we're taking a little bit more here, a little bit more there, a little bit more over there. all to pay for all of this wonderful...